After undertaking competitive analysis, a company has assembled the information and is now in a position to benchmark its performance against that of its competitor. A manager has been asked to carry out strategic benchmarking, but he is unsure of what information he should use.
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Which TWO of the options below could be used to undertake Strategic Benchmarking?
The organisational iceberg describes which TWO levels at which culture operates?Â
Objectives generally possess characteristics which set them apart from mission statements. Which THREE of the following apply?
With reference to Herzberg's motivation-hygiene concept (two-factor theory) relating to employee motivation, which of the following is a correct interpretation of his findings?
A number of managers in an organisation approach change using a variety of techniques. Manager A focuses on staff training. Manager B provides large bonuses for effective project management. Manager C
restructures his team to reduce headcount. Manager D lays out the financial problems in the business and why change is unavoidable. Manager E calls his team together to openly discuss the issues. Manager F calls
for ideas from his team to make the change happen.
Based on Beer and Nohria's change theory, which of these managers can be described as Theory 0 managers?
Select ALL that apply.
Under UK Law it is an employer's duty to protect the health, safety and welfare of the employees and other people who may be affected by their business. In what manner must employers act?
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Select the THREE that apply.
An employee of a company has been asked to explain the difference between a Grievance and Disciplinary Action. The employee knows the definitions of both and, whilst they have two examples of actions which would result in Disciplinary Action, they can only think of one circumstance which may result in a Grievance, and this is Discrimination.
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Which of the following could the employee use as an additional example of a Grievance?Â
According to the Project Management Body of Knowledge as outlined by the Project Management Institute, there are nine key areas of project management. Which of the following are areas identified by the PMI?
Select ALL that apply.
An organisation manufacturing cosmetics was set up five years ago and has since grown considerably.
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The organisation did not have clear strategies and as such any approaches emerged. The directors feel a new way to strategy setting would be more appropriate;Â one that could offer a more thorough, intended, deliberate approach.
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Which of the following is a suitable approach to developing strategy for this organisation?
What event occurs between the second and third stages of Gido and Clement's Project Life Cycle?
Michael Porter argued that nations can develop advanced business environments that are conducive to business development and lead to firms from one nation gaining a competitive advantage over firms from other countries. Porter used a diamond shaped diagram as the basis of a framework to illustrate and analyse the determinants that lead to national advantage.
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Which of the following factors are present within the diamond framework?
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Select ALL that apply.
Michael Porter identified four determinants of national competitive advantage, one of which is Factor conditions.
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A company has the following 4 factor conditions. According to Porter, which will give the company a sustainable competetive advantage?Â
PRINCE2 clearly defines a set of roles for every active participant on a project. What is the role described below?
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This is the person ultimately responsible for the business success of the entire project. They must ensure the project gives value for money and balance the demands of business user and supplier.
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This person is also the ultimate decision-maker in the project. For this reason they are appointed before the project starts. As the person is directly responsible for the project business case, it is expected that in most instances they are appointed from the customer side of the organisation.
The new Chief Executive of P Company has recently announced that there will be significant changes made to how the company operates. He has stated that his vision for the company cannot be achieved within the existing organisational paradigm.
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Although the changes are significant, due to increased competitive pressures, the Chief Executive has commented that changes will need to be made quickly.
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Which of the following types of change will occur in P Company?
Every project has constraints. When running a project it is critical that the constraints are known.
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What are the primary constraints in a project?
Which of the following statements are not true based on Stalk, Evans and Schulman's principles of capability-based competition?
Select ALL that apply.
While initiating a project to relocate to a larger site, a company looked at how the project proposal fits with the current set up of the business. The premises are only 20 miles away and it is feasible that the current staff would travel to the new factory to work.
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As part of the feasibility considerations, this represents which type of feasibility?
The initial Balanced Scorecard design, defined by Kaplan and Norton, used four perspectives (or legs) for management control and the implementation of strategy. What are the FOUR original perspectives?
Which THREE of the following are benefits of having strong discipline and grievance procedures in place?
A low cost airline is operating three flights a day between two industrial cities in neighbouring countries. The cities are 300 km apart and the terrain between the two countries is mostly flat grasslands. The two cities are also linked by motorways and a railway line.
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At first the airline enjoyed first mover advantage and generated healthy profits for three years. But more recently, the airline is experiencing intense competitive pressures, reduced passenger numbers and lower returns. The airline directors are using Porter's Five Forces framework to analyse the nature and severity of the various competitive forces being experienced.
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In the context of this model which of the following forces would be considered as a threat of a substitute product or service?
Which of the following are influential drivers of outsourcing?
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Select ALL that apply.
The B Car Company is considering a joint venture with a company in Country X. It is undertaking a political risk analysis at both a micro and macro level. Which of the following is a micro level risk?
The means by which competitive advantage might be gained differs, depending on whether a resource based approach or a positioning approach is adopted.
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Which of the following options characterises the resource based approach?
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Select ALL that apply:
The advantages of embedding the finance function within the business unit include which THREE of the following?
James argues that performance appraisal has its roots in three substantiated psychological principles, meaning that people work / learn / achieve more when they are given the opportunities.
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Which of the following does NOT apply?
Mintzberg describes various forms of strategy and labels each form. Which of the following options contains the correct matching of label with description?
A Company achieves its competitive advantage by adopting a positioning view to strategy setting.
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Which TWO of the technical models below are most suited to this approach?